12/17 Tokyo USD/JPY trading points
<12/16 Dollar/Yen Results>
Tokyo range: 114.04=25, NY range: 113.56=114.18
In Tokyo,
“In the weekly report, the focus is on how far the ‘assumed upper zone’ 113.95=114.40 can be realized this week.”
“In the weekly report, the focus is on how far the ‘assumed upper zone’ 113.95=114.40 can be realized this week.”
(1)End with a small-range consolidation around 113.95=114.25
(2)114.05=40 zone materializes exactly as predicted in the weekly report
(3)On today 12/16, push toward the ideal upper limit at 114.50-55, then reverse from there”
The result: Tokyo was almost exactly the pattern (1).
In NY, before reaching the ideal upper limit, a sharp drop to a bottom point of 113.80-85 due to US stock declines. It was as expected up to here, but on the second push, it fell through beyond expectations, ending with an outcome exceeding assumptions.
<12/17 Tokyo Dollar/Yen Outlook> (as of 8:15)
In Tokyo, the key is whether the intraday bottom point 113.80-85 observed in NY will break below.
If a break below is confirmed, a shift to a “Dollar-selling ahead” market is decided, with a pullback sell at the bottom point 113.80-85 being ideal.
If it continues to fall,Tokyo lower bound is the 113.45=55 zoneto.
In NY, further consideration is needed for the maximum “monthly/weekly point zone” 113.20=30.The 113.20=40 zone will be the lower bound zone.
<12/17 Tokyo Dollar/Yen Flow Chart>
× ![]()